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3 years ago

What is the difference between intra departmental communication and interpersonal departmental communication

Business

1 answer:

natima [27]3 years ago

5 0

Answer:

Difference between intra departmental communication and interpersonal departmental communication

Explanation:

Intra means within , Inter means between

Intra departmental communication means communication (exchange of information) between people, within the same department in an organisation.

Interpersonal departmental communication means communication (exchange of information) between people, from different departments in an organisation.

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Riedy purchased (on 1/1/21) $1,000,000 of HTM, 8% bonds for $904,000. The bonds mature on January 1, 2029; Straight-line amortiz

Radda [10]

Answer:

The 12/31/21 bond carrying value is $916,000

Explanation:

The discount on bonds payable is the face value of $1000,000 minus the cash proceeds received from the bond issuance.

Discount on bonds payable=$1,000,000-$904,000=$96000

annual bond discount amortization=$96,000/8=$12000

annual coupon payment=$1,000,000*8%=$80,000

The carrying value of the bond as at 12/31/21=cash proceeds+bond discount amortization

The carrying value of the bond as at 12/31/21=$904,000+$12000=$916000

3 0

3 years ago

The Walmart store manager in Fayetteville, Arkansas, is engaged in _____________when developing a quarterly expense budget or ma

mario62 [17]

The Walmart store manager in Fayetteville, Arkansas, is engaged in Tactical planning when developing a quarterly expense budget or making out weekly employee work schedules.

Explanation:

To achieve the long-term objectives set by strategic planning in an organization, tactical planning is done to set short-term targets and action plans. The phase of tactical planning happens in real-time, following the short-term results.

Hence, the horizon is shorter than the strategic plans and this kind of planning is usually carried out by separate departments or functions of the business. Therefore tactical planning in an enterprise is the prerogative of middle / departmental level managers.

6 0

3 years ago

A line of credit is the _____ amount of credit a bank will provide a borrower at any one time.

marta [7]

A line of credit is the MAXIMUM amount of credit a bank will provide a borrower at any one time.

Line of credit is an agreement between the customer and a financial institution, usually a bank. The agreement establishes a maximum amount that the customer can borrow from the bank at any given time. Customer can draw from the line of credit as long as he or she does not exceed the maximum limit imposed on it.

3 0

3 years ago

1. Determine the price of the bonds issued on February 1, 2021. 2-a. Prepare amortization schedules that indicate Cromley’s effe

larisa [96]

Answer:

The question is missing the first part:

On February 1, 2021, Cromley Motor Products issued 6% bonds, dated February 1, with a face amount of $65 million. The bonds mature on January 31, 2025 (4 years). The market yield for bonds of similar risk and maturity was 8%. Interest is paid semiannually on July 31 and January 31. Barnwell Industries acquired $65,000 of the bonds as a long-term investment. The fiscal years of both firms end December 31.

1. Determine the price of the bonds issued on February 1, 2021.

the market value of each bond:

PV of face value = $1,000 / (1 + 4%)⁸ = $730.69
PV of coupon payments = $30 x 6.7327 (PV annuity factor, 4%, 8 periods) = $201.98

market price per bond = $932.67

2-a. I used an excel spreadsheet since there is not enough room here: Cromley Motors PDF

2-b. Again I used an excel spreadsheet since there is not enough room here:

3. February 1, 2021, bonds issued at a discount

Dr Cash 60,623,550

Dr Discount on bonds payable 4,376,450

Cr Bonds payable 65,000,000

4. Cromley's records:

July 31, 2021, first coupon payment

Dr Interest expense 2,424,942

Cr Cash 1,950,000

Cr Discount on bonds payable 474,942

January 31, 2022, second coupon payment

Dr Interest expense 2,443,940

Cr Cash 1,950,000

Cr Discount on bonds payable 493,940

July 31, 2022, third coupon payment

Dr Interest expense 2,463,697

Cr Cash 1,950,000

Cr Discount on bonds payable 513,697

January 31, 2023, fourth coupon payment

Dr Interest expense 2,484,245

Cr Cash 1,950,000

Cr Discount on bonds payable 534,245

Barnwell's records:

July 31, 2021, first coupon payment

Dr Cash 1,950

Dr Discount on bonds payable 2,425

Cr Interest revenue 475

January 31, 2022, second coupon payment

Dr Cash 1,950

Dr Discount on bonds payable 494

Cr Interest revenue 2,444

July 31, 2022, third coupon payment

Dr Cash 1,950

Dr Discount on bonds payable 514

Cr Interest revenue 2,464

January 31, 2023, fourth coupon payment

Dr Cash 1,950

Dr Discount on bonds payable 556

Cr Interest revenue 2,484

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8 0

3 years ago

If pre-printer check stock is used, a log of check numbers is not needed true or false

DerKrebs [107]

One benefit of using this would be that it save a lot of time, But When using pre-printer check stock, you won't be able to see the check number in both printin and print manager.
If the number is crucial/important for your operation, a log of check numbers would still be needed.

6 0

3 years ago